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An online payday loan is a kind of short-term credit, while the name implies, your debt with this sort of loan is normally paid back in complete through the borrower’s next pay packet.
These types are provided by some lenders of payday advances, however with Satsuma we only offer short-term loans. Our clients can borrow as much as ВЈ1,000, susceptible to affordability, and repay between 3 to 12 months, in either weekly or instalments that are monthly. This particular aspect differentiates a Satsuma loan from pay day loans.
Why choose Satsuma?
When making our option to payday advances, we desired to give you a versatile, short-term loan that permitted clients to decide on just how long they spent repaying their loan.
No fees that are hidden
Our reviews
Our customers speed us 4.68 out of 5. Reviews.co.uk, 2019 july
Decide to try our loan calculator
Before you make an application for a Satsuma short-term loan, you might want to contemplate using our loan calculator to have an understanding of what your repayments is supposed to be. You should use the sliders to create the quantity you’ll want to borrow, whether you’d rather repay it with regular or monthly obligations over your chosen time frame.
It places you in charge as you can easily see just exactly exactly what the repayments could be, replace the quantity or payment duration around, and work down what’s the smartest choice for your needs.
Our loan calculator shows precisely what you are going to repay
Check always just before use
Whenever you make an application for any credit, whether it’s a quick payday loan or an alternate like a quick term loan offered by Satsuma, it will probably keep a mark on your credit report. In the event that you’ve been declined that payday loans today Louisiana loan because of a credit check, it would likely affect your credit rating – even if you don’t find yourself taking out fully that loan. This will also influence the real means other businesses assess you for credit.
With Satsuma you can examine before you use. You an eligibility decision within 60 seconds if you are considering applying for one of our short-term loans, we’ll give. It does not impact your credit history until you decide to just just simply take out of the loan a short while later.
You’re not obliged to simply simply take down that loan with us after checking and there won’t be accurate documentation from it on your own credit history. A complete application does but desire a complete credit check.
We look at your info
Its not an application that is full we just require a couple of details
Protect your credit history
Regardless of the total outcome, it will not impact your credit history until you decide to use
Provide you with your outcome
You will find down in one minute. We will need certainly to look at your details if you decide to apply*
May I make an application for a Satsuma loan on the web?
Satsuma just provides loans that are short-term. Check always you have filled out a few details, we can give you an initial decision in 60 seconds before you apply and once. Then wish to proceed, this will be subject to a full affordability assessment which includes a credit check if you.
This is to validate your income in some instances we may require 3 months’ worth of payslips.
You will require a few details to hand before you use including:
In the event that you’ve lent from us before or you have actually a preexisting loan with us, additionally, you will require your loan contract quantity.
Does Satsuma offer Bad Credit Payday Advances?
At Satsuma, we try not to provide bad credit pay day loans as there’s absolutely no thing that is such. Whilst some might assume that an undesirable |credit that is poor may result in payday advances being truly the only choice available, you can find options available based on specific requirements and circumstances, such as for example a quick term loan like Satsuma.
What exactly is a Guarantor Loan, and do Satsuma provide these?
No. Guarantor loans which need the debtor a party that is secondary the mortgage repayment in the event that original applicant defaults at any point.
Satsuma try not to provide guarantor loans, one of several options that come with a Satsuma short-term loan is it’s a вЂno guarantor’ loan.
Also when you have had difficulty with credit in past times, you might still qualify for a Satsuma loan which does not demand a guarantor.